Germany March trade balance €20.5 billion vs €21.1 billion expected
Latest data released by Destatis - 7 May 2021
- Prior €18.1 billion; revised to €18.2 billion
A modest beat in both exports and imports on a seasonally adjusted basis, as German trade conditions continue to slowly work its way back towards pre-virus levels.
- Exports +1.2% vs +0.5% m/m expected
- Prior +0.9%; revised to +1.0%
- Imports +6.5% vs +0.8% m/m expected
- Prior +3.6%